危机就是转机!!
The Chinese use two brush strokes to write the word "Crisis". One brush stroke stands for Danger, the other for Opportunity. In a Crisis, be aware of the Danger but recognise the Opportunity. - Former US President Richard Nixon

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Friday, November 6, 2009

When I wrote that "stocks should have a green lightto move forward in a straight road", "just enjoy thedriving for now, until the next light....", I receivedskeptical email from readers commenting that thiswill not be the case as they believe that Wall Streetis definitely heading lower.The result: All 3 major US indices surged through theroof yesterday, with Dow recording the best day sinceJuly with a 204 points charge to close above the critical10000 points again at 10006. Nasdaq also added 50 pointsand S&P 500 was up 20 points. All these surges are basedon a upbeat October retail sales figure and lower jobless claim,together with good corporate results.We still have the monthly job report and unemployment ratetonight, but I still see a green light shinning through....

The STI was up slightly but the main picture is with thebattered pennies. The pennies can be described to be ina bloodbath, and the selling gets more heavier as the marketwas closing. I was going to take a early break yesterday afternoonbut the bloody scene caught my attention, and there I was,staying till the closing bell. I took the liberty of picking up some"unreasonably" beaten-down stocks, which I will sellfor a quick profits today if the tide turns, or else I will just addon and let the profits run.

We will see stocks jumping up on opening today, but I certainlydon't wish the "jump-down" to follow. It is Ok to be volatilebut I hope the upside momentum will last through the day.I will snap up and add-on some stocks if the "force" isstill with me, or else, I will throw them into the abyss. :-PTake a look: Ausgroup, Ezion, Falcon, F1, First Res,Li Heng,Mermaid, Raffles Education, Sinomem, Swiber,United Enviro,Uniasia, YZJ, Yingli & Pan Hong, Sinotel.Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja, C2O, AFP, China Enviroment, Asia Enviroment, CH Offshore.(Did you see that some stocks are in BOLD)

Enter any position with a Cut-loss level & Trailing Stop,and Please practice strict (Risk)Money-management.If you don't like what you see in the market,simply don't trade.

If you have Skype, and would like to chat with me aboutstocks and all others,you can ring me at myemail address: stocklobang@yahoo.comI have currently a couple of members skyping with meeveryday,and they are having good trading results.

Thursday, November 5, 2009

Ok, no big surprise from the Fed as it would keep ratesnear zero for "an extended period" even as it expressedconfidence in the economic recovery, but it triggered offa last-minute selloff from the market as profit-takingand pressure selling sets in. Dow was up as high as 156 pointsat mid-day, but closed the day up 30 points, togetherwith S&P 500 which added 1 point. Nasdaq was down1.8 points at the closing bell, but Cisco's good resultin the after-hour should provide a boost to the techs tonight.How do I view the "move" or is it "un-move" from Fed?My view is that the stocks should have a green lightto move forward in a straight road, but one wonder whenis the next traffic light coming? Round the corner?Anyway, just enjoy the driving for now, until the next light....

Back to our local shore....Last few days of trading has been boring and tiring tosay the least for the traders and maybe investor alike.We have seen stocks moving up in the morning only to falter in the afternoon session and even into the red region.Nevertheless, there were still trading opportunities ina couple of stocks, but frankly, the potential profits islimited by the small range and weaken momentum.

I believe we should see the volume, volatility andmomentum pick-up in the market, as the Hot moneyis really waiting to come into the market. One would arguethat the market will continue to move sideway, or evenThe Mother of all Crashes is coming again as described byone readers who emailed me. I still don't see a tsunamicoming, but I will watch the movie 2012 when available,then maybe I will see one.

On a personal note, I just realised that 2 of my blogs havebecome Pagerank 1 (the lowest) according to Google. It is so good to see that my effort has been rewarded, and thank you to all the readers who has or had visited my blog before. Like whhat I wrote before, this is like a niche blogwith about 200 visits per day, which is pretty reasonableif you ask me, as I don't do much advertising/marketing.Therefore without you, there will be no blog from me as all,as I will be just writing for Mr Market to see. :-PI started the blog back in October last year, and in a flash, it is one year old. I am planning something to share with all readers for the One year anniversary, and will be revealednext week. Meanwhile, you can also email me to tell me what are some wishes that you have, and if I can fulfil it, I will give itto all readers. You can also give comment at the blog as well. I hope to have many more anniversary coming, and increasemy Pagerank up the roof.....Thank you once again.

Ok, back to trading....Market will open bright today, but recently we have thunderstormin the afternoon, and an umbrella will do us good in this kindof unpredictable weather.Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,Mermaid, Raffles Education, Sinomem, Swiber, United Enviro,Uniasia, YZJ, Yingli & Pan Hong, Sinotel.Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja, C2O, AFP, China Enviroment, Asia Enviroment, CH Offshore.(Did you see that some stocks are in BOLD)

Enter any position with a Cut-loss level & Trailing Stop,and Please practice strict (Risk)Money-management.If you don't like what you see in the market,simply don't trade.

If you have Skype, and would like to chat with me aboutstocks and all others,you can ring me at myemail address: stocklobang@yahoo.comI have currently a couple of members skyping with meeveryday,and they are having good trading results.

Wednesday, November 4, 2009

In yet another volatile swinging session, Wall Street closedmixed, with Dow down marginally 17 points, while thetech-heavy Nasdaq and broader S&P 500 advanced toclose in the green. There are a few news from Uncle Samthat should be dealt with some concerns. I believe mosthave read on Buffett pumping money to buy a railroadcompany in what will be a $34 billion transaction.I look at this news as Buffett believe the market and thecompany is cheap right now, and he is picking up a goodbargain.Another news will be with the FOMC meeting which themarket believe that the Fed will keep the rates closeto zero, but their main concern is what will be Fed's viewon the current economy outlook. I am cautiously optimisticthat the Fed will give a cautious optimistic statement as well.:-P (pun intended)

Ok, back to our shore...If you have looked at the STI intra-day yesterday, you willsee the amazingly nice fall from the top of the moutain allthe way down to the bottom at closing. The market expecteda bloodshed in Wall Street, but to their disappointment,they did not get one, so I believe that our market shouldcontinue to be cautious, but some stocks will leave the pack,and charge up. I am concentrating on the O&M sector stocksfor today, and it should be enough for a good field-trip.

I have readers asking me what did I do to prepare for thetrading day ahead. Ok, I will reveal the things that I doin the next few days, so keep a lookup.

Enter any position with a Cut-loss level & Trailing Stop,and Please practice strict (Risk)Money-management.If you don't like what you see in the market,simply don't trade.

If you have Skype, and would like to chat with me aboutstocks and all others,you can ring me at myemail address: stocklobang@yahoo.comI have currently a couple of members skyping with meeveryday,and they are having good trading results.

Tuesday, November 3, 2009

Don't you just love the US stock market?Dow was up as much as 147 points at the 2 hoursmark, but plunged down 34 points before settlingthe day up 77 points. What a roller-coaster ride itmust have been in such a volatile day.Look like such see-saw session will be the themefor the next few trading days as we will have the Fedmeeting this week, you just got to love such volatility.

STI was maginally down yesterday, but a lot of pennieswere way above the day-low, as expected by me whenI wrote that in the blog yesterday. I have to say that manyretailers are actually out of the market waiting for clear-cutsignal to get into the market, or they are simply holdingon to the losses and praying that the stock price will moveabove their buying price, when they will sell their stock off.I can bet with you that they won't sell even if the price isabove their buying price, as they will then pray for the priceto surge higher, and the whole cycle countinues when the pricefalls again........

I have readers asking me what to buy, and I gave my recommendations,but when I turn to ask them when the stock is running, theywill reply that they did not buy as they are scared.Ok, it is the infamous Fear monster's doing again.It is all part-and-parcel of the game, and I can understand theirconcerns, but they really need to be able to see the wholepicture which maybe is an issue of experiences.

We shall see a firmer opening today, but the scenario of theday is to see how long and how high the stock can staywithin the day-high. My view is that we will still have a goodtrading day, but not on all stocks.

Enter any position with a Cut-loss level & Trailing Stop,and Please practice strict (Risk)Money-management.If you don't like what you see in the market,simply don't trade.

If you have Skype, and would like to chat with me aboutstocks and all others,you can ring me at myemail address: stocklobang@yahoo.comI have currently a couple of members skyping with meeveryday,and they are having good trading results.

Monday, November 2, 2009

Ok, I will cut short on today's blog as I only managed tologin to Blogger after many tries, and the market isopening in minutes. I will update more tomorrow....

Our market will open low today, but it will not closeat the day-low, it will be firmer at the 2nd half of thetrading day. My strategy is to pick-up stocks at the lowof of selling, and add-up on rebound, and let go whenthe selling gets heavier. This is a risky move not suitablefor all readers, so only enter when you are aware of whatyou are facing with.

One reader emailed me to tell me that a CRASH is imminent,I can only tell him that anything and everything is possible,but it is not Likely that we will see one soon. Period.If it is really coming, then I will sense it from the marketvolume and transactions, but sadly to him, I am not pickingup such scent yet, so it is still normal trading to me.I don't know about you guys, but as a trader, I likesuch volatility and wild swings in the market, as it is withinsuch range that money can be made (and lost).

Enter any position with a Cut-loss level & Trailing Stop,and Please practice strict (Risk)Money-management.If you don't like what you see in the market,simply don't trade.

If you have Skype, and would like to chat with me aboutstocks and all others,you can ring me at myemail address: stocklobang@yahoo.comI have currently a couple of members skyping with meeveryday,and they are having good trading results.

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About Me

Audentes Fortuna Juvat!!!
危机就是转机!!!
I am a Stock Investor/Trader in Singapore
stock market, and I am also involve in some other money-making ventures and constantly looking
out for opportunities to make even more $$$.
You can contact me at stocklobang(at)yahoo.com